Researcher says $6.75 corn is viability limit for US ethanol

In Illinois, a researcher from the University of Illinois has determined that ethanol plants won’t be able to pay more than $6.75 per bushel of corn and remain economically viable. The figure is based on the analysis of an average 100 million gallon per year facility in Iowa producing 2.8 gallons of ethanol and 17 pounds of DDGS per bushel.